Elon Musk once again got what he wanted with his persistence. According to the information allegedly leaked from within the company, Twitter is preparing to accept the $ 43 billion cash payment offer made by Elon Musk. It is expected that the related purchase will be announced to the press shortly.
Twitter green light: Elon Musk is preparing to pay $ 43 billion!
According to Reuters, an inside source says the Twitter board is willing to accept the $43 billion cash buyout offer made by Elon Musk. Allegedly, the company is preparing to announce its offer of $54.20 per share to its shareholders.
But it is stated that the agreement is at the end of the rope and can be canceled at any time. Because, according to the deal it made with Musk, Twitter is said to have not secured the “go-shop” provision so far, which allows it to allow him to request other offers after the signatures are signed.
It is said that the employees of the company who shared the information wanted their names to remain anonymous as the matter was yet to be kept confidential. After this claim, it is stated that the questions directed to Elon Musk and company executives remained unanswered.
Of course, we can say that Twitter is the party that will benefit from this agreement. Because, immediately after Musk’s first purchase offer, his shares traded on the stock market increased by 4.5 percent to $ 51.15. Moreover, according to the latest offer, he will receive $ 54.20 per share.
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